Winamp media player shutting down after successful 15 years

Your music alternative for windows media player has reported on their website that, they are shutting down the winamp media player on 15th December, 2013.  Current version of winamp media player 5.66 free and

paid versions are available, go to winamp.com and download it until 15th of December. You can see the official notice of its closing on their website. The possible reason of its shutting down can be, Microsoft improving its inbuilt player day by day and many other alternatives like VLC by VideoLAN is already buzzing the market.